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GCL-Poly creates JV to build new 20 GW mono ingot fab in China

The Chinese solar energy firm announces details of joint venture with the Qujing Municipal Government in China to build a 20 GW monocrystalline ingot facility in Qujing.

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GCL Group, Softbank sign MOU for 4 GW of solar manufacturing in Andhra Pradesh

The Asian companies will form a joint venture in India to execute the plan. The project’s total investment is expected to be around US$930 million, which will be used for the production of solar PV ingots, wafers, cells, modules and batteries.

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Solargiga posts $16.96 million net profit in 2017

Solargiga Energy has recorded a net profit of CNY 107.5 million (US$16.96 million) for the year to the end of December 2017, from a net loss of CNY 239.149 million in the preceding 12-month period.

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Longi to triple wafer capacity to 45 GW by 2020

The Chinese vertically integrated solar manufacturer has set out a three-year roadmap, aiming for 28 GW monocrystalline wafer capacity by end of this year, 36 GW by the end of 2019, and 45 GW by 2020.

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Daqo polysilicon order book reaches 90.2% on Chinese demand

The Chinese polysilicon supplier reveals that its order book is 90.2% filled as of the end of January, in response to surging demand among Chinese solar firms.

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Singulus develops new diamond wire multi wafer texturing process

The German tooling firm announces the development of a new texturing process for multicrystalline wafers using diamond wire sawing on its LINEX inline system. Company believes process can boost multi wafer market in 2018.

Comtec cancels wafer supply agreement with Mission Solar

The Chinese solar company has terminated the agreement to supply wafers to the U.S. producer after repeated failures by Mission Solar to purchase the required quantities of wafers outlined in the contract.

Daqo posts $24.1 million net profit in Q3

Daqo New Energy recorded a net profit of $24.1 million in the third quarter of 2017, as the polysilicon and solar wafer producer’s revenue rose nearly 18% from the preceding three-month period to $89.4 million.

A*Star researchers develop technique for cheaper solar cell production

A*Star researchers, in a bid to find an alternative to silicon-based solar cells, are investigating a new material that is more cost-effective and easier to produce that could also lead to more efficient solar cells.

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ReneSola posts Q2 results, outlines restructuring plan

ReneSola has recorded a net loss of $31.5 million for the second quarter of 2017, from a loss of $23.2 million in the first three months of the year.

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